- Slice of Retail
- Posts
- Inovar Packaging Group Acquires The Kennedy Group, Expands Midwest and Northeast Presence
Inovar Packaging Group Acquires The Kennedy Group, Expands Midwest and Northeast Presence
Slice of Retail Team
August 06, 2024
Key Highlights:
Inovar acquires The Kennedy Group, enhancing Midwest and Northeast presence.
The Kennedy Group adds industry-leading roll-fed, pressure-sensitive, and RFID label capabilities.
Leadership continuity with Kennedy brothers and team partnering with Inovar.
Inovar's tenth platform acquisition, signaling robust growth strategy.
Source (Business Wire)
Notable Quotes:
“The acquisition of The Kennedy Group is particularly attractive given their outstanding reputation as an innovative and customer-focused organization."
"We believe combining these two companies under one platform creates a best-in-class organization for our valued customers, employees, and the label industry overall."
Our Take:
The acquisition of The Kennedy Group by Inovar Packaging Group represents a strategic move to bolster Inovar's presence in the Midwest and Northeast regions. The Kennedy Group's renowned capabilities in roll-fed, pressure-sensitive, and RFID labeling complement Inovar’s existing services, offering enhanced value to customers across multiple industries. The continuity of leadership with the Kennedy brothers ensures that the company's innovative and customer-centric culture will remain intact, fostering a seamless integration. This acquisition not only signifies Inovar's ambitious growth strategy but also its commitment to providing top-tier solutions and expanding its market footprint.